BOSTON, April 30, 2013 /PRNewswire/ -- Randstad Sourceright, a global talent leader, today announced that is has been designated as a Leader and Star Performer in the Everest Group PEAK Matrix, published in the April 2013 Recruitment Process Outsourcing (RPO) – Service Provider Landscape with PEAK Matrix Assessment.
In this research, Everest Group assesses the $1.5 billion RPO market, focusing on the position and growth of 25 established RPO service providers. Analyzing such factors as rapidly changing market dynamics, emerging service provider trends, differentiating factors and service provider delivery capabilities, the report labels the providers in one of three categories: Leaders, Major Contenders and Emerging Players. Due to strong market performance and delivery capability, Randstad Sourceright earned a position in the Leaders quartile for the third consecutive year. The company was also named a Star Performer, a designation that recognizes service providers for their improved year-on-year movement on the PEAK Matrix.
Everest Group categorized the RPO service providers based on two key dimensions: delivery capability and market success. Randstad Sourceright earned its distinction as a Leader and Star Performer due to its high score on overall delivery capability, based on the company's scale, scope, technology capability, delivery footprint and buyer satisfaction. In addition, the company received a high rating for its market success, as measured by a combination of its total number of RPO clients, revenue from RPO and total number of hires managed per year.
"Randstad Sourceright demonstrated significant market success and delivery capability, both in terms of overall portfolio as well as year-on-year advancements, to achieve the recognition of a Leader and a Star Performer," said Rajesh Ranjan, vice president and leader of Everest Group's Business Process Outsourcing research program. "Specific investments to increase depth of service offerings (through creation of targeted Centers of Expertise) and creation of a scalable and flexible delivery model (by combining in-country capabilities with centralized shared services delivery locations) are most noteworthy."
"As hiring volume increases and more companies rely on third parties to deliver talent, the RPO environment continues to grow and become much more competitive," said Rebecca Callahan, Randstad Sourceright's president of Recruitment Process Outsourcing. "Our inclusion in the Everest Group Peak Matrix report on the RPO service provider landscape reaffirms our leading position in the RPO space and highlights our ability to provide organizations of any size with qualified talent to meet their strategic and business goals."
About Randstad Sourceright
Randstad Sourceright is a global talent leader, providing solutions and expertise that help companies position for growth, execute on strategy, and improve business agility. Our experience encompasses all facets of talent, including traditional employees and the contingent, free agent workforce. Key offerings include Blended Workforce Solutions, Recruitment Process Outsourcing (RPO), Managed Services Provider (MSP) programs, and Contingent Workforce Services (CWS). As an operating company of Randstad, a $22 billion company and the second largest HR services provider in the world, Randstad Sourceright delivers the resources and deep capability companies need to optimize their talent strategy for business growth and transformation. We are consistently recognized for service excellence and innovation by industry organizations such as Everest Group, HRO Today Magazine, NelsonHall, Bersin & Associates, and Staffing Industry Analysts. To learn more, visit www.randstadsourceright.com
SOURCE Randstad Sourceright